Maersk Orders 20 Dual-Fuel Container Vessels for Fleet Renewal
Maersk has placed an order for 20 new container vessels equipped with dual-fuel engines, partnering with three shipyards for their construction.
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Castor Maritime to Sell Containership, Taking $3.3m Loss
Cyprus-based shipowner Castor Maritime has agreed to sell one of its three containerships, incurring a loss of approximately $3.3 million.
Nanjing Tanker Expands Fleet with New Panamax Tanker Order
China’s Nanjing Tanker is advancing its fleet modernization efforts by commissioning a series of new panamax tankers from a domestic shipyard.
Brazil Launches $3 Billion Port Privatization Initiative
The Brazilian government has unveiled a plan to privatize its port sector, aiming to attract approximately $3 billion in private investments.
Splintered Shipping Rules Loom Amid Global and Local Shifts
The UK government is reviewing its emissions trading system framework and considering adding the shipping sector in just over a year's time.
Hapag-Lloyd Secures Green Methanol Supply to Cut Emissions
German shipping company Hapag-Lloyd has signed an agreement with Beijing-based Goldwind for the annual supply of 250,000 tonnes of green methanol
MSC's Stake in Hamburg Port Reshapes North Europe Trade Hub
Mediterranean Shipping Co, the largest container shipping line globally, has finalized its acquisition of a major stake in the Port of Hamburg.
Farmers Block Port of Holyhead in Protest Against Inheritance Tax
Farmers in North Wales staged a protest at the Port of Holyhead, obstructing access to oppose the introduction of a new 20% inheritance tax.
Kylie Minogue’s Non-Alcoholic Rosé Joins Princess Cruises
Princess Cruises has added Kylie Minogue’s award-winning No Alcohol Sparkling Rosé to its “Love Line Premium Liquors” collection.
Ocean Network Express Acquires Stake in Jakarta Terminal
Japanese shipping company Ocean Network Express has acquired a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia.
Schulte Group Forms Joint Venture to Train Chinese Seafarers
Schulte Group partners with Huayang Maritime Center and Haikou Xinhaina Port and Shipping Technology Co to establish a joint venture on Hainan.
Lisbon Cruise Port & City Win Top European Cruise Awards
Lisbon Cruise Port has been named Europe’s Best Cruise Terminal, while the city of Lisbon earned the title of Europe’s Best Cruise Destination.
Port of Montreal Labor Dispute Enters 90-Day Mediation Phase
Employers at Port of Montreal and the CUPE Local 375 union agree to enter a 90-day mediation period in an effort to reach a new labor agreement.
Darwin Port Operator Faces Financial Challenges Amid Concerns
Landbridge, the Chinese company operating Darwin Port Australia, announced financial struggles; possibility of NT government revoking its lease.
Ocean Network Express Introduces Two New European Services
ONE unveils two new shipping services, the Scandinavia Express and Iberia Europe, designed to improve efficiency and ensure greater reliability.